Compliance Support Director

Title:

Compliance Support Director

Company:

Everest Global Services, Inc.

Job Category:

Compliance Oversight

Job Description:

About Everest:  

Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people. 

At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:

•          Generous tuition/continuing education reimbursement

•          Mentoring opportunities

•          Flexible work arrangements

•          Talent development initiatives

•          Networking groups

Job Summary

The mission of the Everest Group Compliance Department is to ensure, as a second line of defense, that legal, regulatory and ethics risks across Everest Group are effectively and efficiently controlled.

As a Compliance Support Director on the Compliance Program Support team, you will collaborate with Legal and subject matter Compliance Officers in working with insurance and reinsurance business and support functions to create and maintain controls over the various legal and regulatory compliance and ethics risks affecting Everest’s growing businesses.

You will have the freedom to take initiative and think outside the box to help design and execute programs to meet Everest’s compliance goals and to promote the compliance program across the organization by making risk assessment, testing, and other interactions run as smoothly and efficiently as possible.

You will use knowledge of commercial insurance and reinsurance to establish credibility with business and support function leaders so that the Compliance Department will be viewed as part of their team solving today’s business challenges.

This is a hybrid position working 3 days onsite in our Warren, NJ office and 2 days remote.

Responsibilities, in collaboration with the Chief Compliance Officer, Compliance Program Support Officer, and subject-matter Compliance Officers, include but are not limited to:

• Assist in building up a second line of defense, consistent with requirements across jurisdictions, for all insurance and reinsurance business controls across all compliance topics

• Input into the Annual Compliance Plan, which will reflect tasks and priorities across topics for each year, especially toward ensuring efficient allocation of Compliance and business resources and setting priorities

• Assist in coordination of the conduct of initial and ongoing risk assessments across all compliance topics, to help set priorities and enable deployment of available resources to meet the Annual Compliance Plan, as necessary

• Assist in design and implementation of a testing and consultation program, prioritized by level of inherent and residual risk, as necessary

• Support subject-matter Compliance Officers in the planning and execution of training programs, as necessary

• Assist in maintaining awareness of emerging issues and areas of risk, working with internal legal experts, and accessing outside sources of information, as necessary

• Assisting business, Legal, and key support functions to resolve identified issues, respond to government or regulatory examinations and inquiries, and ensure that going-forward controls are effective, key role in the management of regulatory examinations and inquiries and

• Assisting with the development, review and distribution of interpretive guidance or communications to the business in order to help ensure awareness of relevant Compliance topics

Qualifications, Education & Experience:

• 4-year college degree required

• 7-10 years’ experience in the  Property and Casualty (“P&C”) (re)insurance industry, with insurance companies or producers, required

• Significant experience handling or facilitating compliance-related functions and matters, in P&C (re)insurance (preferred) or other insurance-related organizations

• Significant experience in project management and troubleshooting cross-functional projects